Weekly Wool Prices

Week Ending November 1 (Week 18)

1 November 2013

 The wool markets across Australia showed some remarkable resilience this week, with prices changing significantly within micron ranges, however the AWEX EMI varied very little with only a 3acents gain. Through the entire Merino selection, better style and tested wools showed some good gains of 15acents, whilst poorer lots affected by cot, colour and high POBm (position of mid-break) continue to be discounted heavily and generally retreated a further 10acents. The ruling discounts for these average to inferior lots of same micron is now approaching the 50acents mark, which is the largest gap seen for some time.

Click here to access AWI's Wool Market Weekly Report (pdf 1080Kb).